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No IMF threat for France, eurozone fragility persists – Lagarde
Aya El Sayed Published in Amwal Al Ghad on 12 - 06 - 2025

European Central Bank President Christine Lagarde said on Monday that France is not in a situation requiring International Monetary Fund (IMF) intervention but warned that the risk of a government collapse in the eurozone remains "worrying".
Speaking to Radio Classique, Lagarde stressed the need for fiscal discipline in France and noted she was monitoring French bond spreads closely.
Her remarks come as French opposition parties prepare for a September 8 confidence vote, aimed at toppling Prime Minister Francois Bayrou's minority government over planned 2026 budget cuts.
The political uncertainty has pressured French stocks and bonds, unsettling markets in the eurozone's second-largest economy.
Attribution: Reuters
Subediting: M. S. Salama

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